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that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee under which she could not go. that's the perspective i bring when i talk about what's called entitlements. the name implies some sort of dependency on the part of folk. these are folks that have worked hard, like my grandmother and millions are counting on this. my approach is to say how do we strengthen the system over the long term? in medicare, what we did, we said we are going to have to bring down the costs if we are going to deal with long-term deficits. to
that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked...
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deficit too high? try another. feel a cold coming on? take two tax cuts, roll back some regulations and call us in the morning. [ cheers and applause ] now, i've cut taxes for those who need it. middle-class families, small businesses. but i don't believe that another round of tax breaks for millionaires will bring good jobs to our shores or pay down our deficit. i don't believe that firing teachers or kicking students off financial aid will grow the economy or help us compete with the scientists and engineers coming out of china. after all we've been through, i don't believe that rolling back regulations on wall street will help the small businesswoman expand or the laid-off construction worker keep his home. we have been there. and we're not going back. we are moving forward, america. [ cheers and applause ] now, i won't pretend the path i'm offering is quick or easy. i never have. you didn't elect me to tell you what you wanted to hear. you elected me to tell you the truth. and the truth is, it will take more than a few years for us t
deficit too high? try another. feel a cold coming on? take two tax cuts, roll back some regulations and call us in the morning. [ cheers and applause ] now, i've cut taxes for those who need it. middle-class families, small businesses. but i don't believe that another round of tax breaks for millionaires will bring good jobs to our shores or pay down our deficit. i don't believe that firing teachers or kicking students off financial aid will grow the economy or help us compete with the...
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Oct 17, 2012
10/12
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when we talk about deficits, if we're adding to our deficit for tax cuts for folks who don't need them and we're cutting investments in research and science that will create the next apple, create the next new innovation that will sell products around the world, we'll lose that race. if we're not training engineers to make sure they are equipped here in the country, then companies won't come here, those investments are what will help to make sure that we continue to lead this world economy, not just this year, but 50 years from now, 100 years from now. >> government doesn't create job. government does not create jobs. >> governor, i want to introduce to you barry green, he's going to have the last question to you first. >> hi, barry. >> hi, governor. >> i think this is a tough question for each of you. what do you believe is the biggest misperception that the american people have about you as a man and a candidate? using specific examples, can you take this opportunity to debunk that misperception and set us straight. >> thank you. that's an opportunity for me, and i appreciate it. in
when we talk about deficits, if we're adding to our deficit for tax cuts for folks who don't need them and we're cutting investments in research and science that will create the next apple, create the next new innovation that will sell products around the world, we'll lose that race. if we're not training engineers to make sure they are equipped here in the country, then companies won't come here, those investments are what will help to make sure that we continue to lead this world economy, not...
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Sep 7, 2012
09/12
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independent experts say that my plan would cut our deficit by $4 trillion. and last summer i worked with republicans in congress to cut a billion in spending because those of us who believe government should be a force for good should workarder than anyone to reform it so it's leaner and more efficient and more responsive to the american people. i want to reform the tax code so that simple, fair and ask the wealthiest households to pay tax on over $250,000. the same rate when bill clinton was president. the same rate when we had when our economy created 23 million new jobs. the biggest surplus in history and a whole lot of millionaires to boot. i'm still eager to preach an agreement. no party has an monopoly on wisdom. no democra works without compromise. want to get this done and we can get it done. but when governor romney and his friends in congress tell us we can somehow lower our deficits by spending trillions more on new tax breaks for the wealthy, well, what did bill clinton call it? you do the arithmetic. you do the math. i refuse to go along with th
independent experts say that my plan would cut our deficit by $4 trillion. and last summer i worked with republicans in congress to cut a billion in spending because those of us who believe government should be a force for good should workarder than anyone to reform it so it's leaner and more efficient and more responsive to the american people. i want to reform the tax code so that simple, fair and ask the wealthiest households to pay tax on over $250,000. the same rate when bill clinton was...
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. >> w are having the conversation because of the debt and deficit levels that the country is facing . someone on the democraticic side saying keep them and extend . republicans saying we have to cut somewhere. that's a real discussion. >> if i told you there was a program that cost you 30 billion and returned 18 billion to the economy and so had a ne cost of 12 billion and supported00,000 bbings you would say that is a good ideat is it not a matter of reducing the deficit because in congress we have people extending tax cuts that further blow a hole in the debt ceili. >> i don't want to be cruel, christian. i don't want to be curt. every dollar comes back as a $1.90 a. forget about the stock market and investing and put our money in unemployment befits. it is it resting on a complete fallacy of economics that conequals wealth. it is the same that pelosi and you. cash for clunkers and house stimulus . shovem ready stimulus jobbings. >> johnathon. why don't you listen to mark sand zandy of moody who advid john mccain's presidential anything. it is nothing to do with a progreive potion
. >> w are having the conversation because of the debt and deficit levels that the country is facing . someone on the democraticic side saying keep them and extend . republicans saying we have to cut somewhere. that's a real discussion. >> if i told you there was a program that cost you 30 billion and returned 18 billion to the economy and so had a ne cost of 12 billion and supported00,000 bbings you would say that is a good ideat is it not a matter of reducing the deficit because...
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Sep 15, 2012
09/12
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can run huge deficits. >> they don't say very much as candidates. if they do something they will be tough on china, they will be tigers, but when they become president they become pussycats. >> both candidates have positioned themselves as taking a more assertive position towards china. >> mr. obama touts success. >> we've brought trade cases against china as nearly twice the rate as the last administration. >> most recently the administration, with the europeans and japan, complained to the wto that china is restricting the sale of rare earth minerals. china controls 98% of this market. used to make technology for our missile defense systems, wind turbines and your smartphone. no question china's rise led to cheap goods for u.s. consumers, but there was a cost. according to the left-leaning economic policy institute, between 2001 and 2010, the swelling trade gap with china eliminated or displaced 2.8 million american jobs. what you're not hearing on the campaign trail will be the first item on the president's desk. >> you've got to figure out how t
can run huge deficits. >> they don't say very much as candidates. if they do something they will be tough on china, they will be tigers, but when they become president they become pussycats. >> both candidates have positioned themselves as taking a more assertive position towards china. >> mr. obama touts success. >> we've brought trade cases against china as nearly twice the rate as the last administration. >> most recently the administration, with the europeans...
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Sep 30, 2012
09/12
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states are on notice, big-time notice, they've got huge budgett deficits. >> right. >> why wouldn't this help the state's bottom line? this is happening in arizona, where property taxes are next to nothing anymore, because there's no housing market anymore. why wouldn't this be a good thing? >> it is a good thing. i haven't heard one single good argument why not to do this. you're not rushing kids through, you're allowing them to rush through if they so desire. that's what this is supposed to be about. kids that can advance should advance if they want to. if it saves money all the better. why not save money if you can if it's improving the lots of kids that want to achieve. we should reward achievement in this country. this is a good way to start. >> nobody is saying you shouldn't do that, jim. >> todd? >> jim, that's great. nobody is saying we want to destroy success. we get that. however, you have to assume with property taxes, you saw a population growth. to think property taxes would actually drop because you subtract two years from a high school education -- >> i agree with you. the
states are on notice, big-time notice, they've got huge budgett deficits. >> right. >> why wouldn't this help the state's bottom line? this is happening in arizona, where property taxes are next to nothing anymore, because there's no housing market anymore. why wouldn't this be a good thing? >> it is a good thing. i haven't heard one single good argument why not to do this. you're not rushing kids through, you're allowing them to rush through if they so desire. that's what...
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Dec 16, 2012
12/12
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deficit? at? anyone? what steps can you take to lower your tax burden mr.? we have dominant from diversified financiaa consultants. you talk with them leaders. what do they say? >> they are working diligently to get this compromise. if you look at the economic and tax issues facing us in 2013, it's going to go either bad or really bad. it is not going to be a compromise. there is not a good scenario coming out of the picture. even if they compromise, we are still going to be facing higher taxes and substantial cuts in entitlements and other programs. >> at the end of the day, that hurts gdp in the country? >> the projections by the cbo, if we go to the fiscal cliff and all these things happen -- it's going to reduce gdp by 4%. we go, plus 22 minus to -- that is the worst-case scenario. one thing that is unwinnable in washington. weon't what they are going to do. 2% cut in gdp. >> 's. tracy: even if there is nobody changed, you are still going to feel the ancillary. all of that stuff -- >> you will feel it. when you get the first paycheck when it is $20 less
deficit? at? anyone? what steps can you take to lower your tax burden mr.? we have dominant from diversified financiaa consultants. you talk with them leaders. what do they say? >> they are working diligently to get this compromise. if you look at the economic and tax issues facing us in 2013, it's going to go either bad or really bad. it is not going to be a compromise. there is not a good scenario coming out of the picture. even if they compromise, we are still going to be facing higher...
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Jun 9, 2012
06/12
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FOXNEWS
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we will have to solve the deficit problem. >> i am sorry a absurd mindless spending and zombie companies that need restructuring. we are throwing it down and not solving the underlining problem. >> gm is returning a profitability and just making money. it is still a u.s. company. hold on, hold on, make your final point, mark. >> the final point is look at europe and what happened there. they have cut back and physical restraint and 11 percent unemployment and we spend more and we bring employment down further. we cut back and raise taxes. >> and hold on a second. victoria. one of the problems with europe. they are raising what sarkozy, the exfrench president that he raise taxes to balance the books. >> and victoria go ahead. it blows my mind that you are suggesting europe as a model for the u.s. here. it is a modele of what went wrong. it is a model of what went wrong. >> and people will change their behavior. >> hold on, you are saying that europe is a model of what went wrong. >> right. if you don't stimulate you cut back. >> and the question is how are you going to cut back. >> hold o
we will have to solve the deficit problem. >> i am sorry a absurd mindless spending and zombie companies that need restructuring. we are throwing it down and not solving the underlining problem. >> gm is returning a profitability and just making money. it is still a u.s. company. hold on, hold on, make your final point, mark. >> the final point is look at europe and what happened there. they have cut back and physical restraint and 11 percent unemployment and we spend more and...
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reduce the debt and deficit, cut spending. neil: you're the first guy i had here to say to volunteer. >> there is nothing that is going to create more jobs and economic activity than is overred by either of the presidential candidate than a real debt reduction deal. >> you know, we're going to have to make this bipartisan, or it's not going to work. neil: you're right, governor. >> our country is on a road towards insolvency. >> because after two wars that cost us thousands of lives and over a trillion dollars, it's time to do the nation building right here at home. [cheers and applause] neil: interrupting that with this just observation. we're broke! okay. got that off my chest. glad to be back in new york. loved tampa. i loved charlotte. glad to be back here. man, oh, man. man, oh, man. there you have it. more or less government. clear as a bell. the democrats happily approved, even happier, well, ringing all the bells. craig smith. craig, it was like an alternate universe. i'm not here to disparage democrats. they are nice,
reduce the debt and deficit, cut spending. neil: you're the first guy i had here to say to volunteer. >> there is nothing that is going to create more jobs and economic activity than is overred by either of the presidential candidate than a real debt reduction deal. >> you know, we're going to have to make this bipartisan, or it's not going to work. neil: you're right, governor. >> our country is on a road towards insolvency. >> because after two wars that cost us...
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Jan 25, 2012
01/12
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he said he'd cut deficit in half. not talking about saving social security and medicare tonight. $5 trillion in new debt. what did we get for $5 trillion? >> best way to reverse debt is have private sector job growth. one thing about the debt and deficit. he did make another proposal. we've done $2 trillion in deficit retux with the august 1 law. all spending cuts. i heard him reiterate that he would do another trillion dollars in medicare and medicaid and restraint on social security. i'm for that. if there were a trillion dollars in new revenue coming from the top 3% or 4% that, is an offer on the table this summer. this would get us another $2 trillion in debt reduction. we should do it. >> and there is colleagues that lead to man up and battle back and forth. wasn't too painful. >> wasn't painful at all. >> this is about first amendment. >> good to see you congressman. we'll spend a lifetime paying off this debt. we'll get into this next time. coming up, more reaction to tonight's state of the union address. i'll
he said he'd cut deficit in half. not talking about saving social security and medicare tonight. $5 trillion in new debt. what did we get for $5 trillion? >> best way to reverse debt is have private sector job growth. one thing about the debt and deficit. he did make another proposal. we've done $2 trillion in deficit retux with the august 1 law. all spending cuts. i heard him reiterate that he would do another trillion dollars in medicare and medicaid and restraint on social security....
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you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romneysia. >> people say you're secretive, out of touch, you play by a different set of rules. >> i know the obama campaign is going to do everything they can to try and deflect from the economic record of the president and his failure to come up with the plan to get the economy going in the future. >> no doubt romney is on message this time. he wants us to believe he can fix things like the economy and won't give up until he does. but that's the easy part of his story. the rest is harder to tell. he's a devout mormon who still worries it will be held against him. he's more pragmatist t
you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romneysia. >> people...
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Aug 30, 2012
08/12
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president obama, on the other hand, given four straight years of trillion dollar plus deficit. and with the appointment of congressman ryan to the ticket it is clear that this election will be about the issues. this is what the democrats wanted. what the conservatives wanted. and it is delightful that everybody is h say. we gave all you people what you need to know. spreading the wealth. is that president obama's agenda favorite? >> this is a choice about two fundamentally different businesses for america. does the president have secret plans for america's future? what would four more years of >> if our goal is jobs, we have to stop spending over a trillion dollars more than we taken every year. and so, i'm going to eliminate every nonessential program that i could find, including obamacare, and i'm going to work to reform and save desk. lou: what i say? a tough crowd. joining him at the governor's pitch for the presidency before the naacp, the presidents snub of the naacp, and the author ed klein, number one best-selling book, "the amateur." great have you with us. >> thank yo
president obama, on the other hand, given four straight years of trillion dollar plus deficit. and with the appointment of congressman ryan to the ticket it is clear that this election will be about the issues. this is what the democrats wanted. what the conservatives wanted. and it is delightful that everybody is h say. we gave all you people what you need to know. spreading the wealth. is that president obama's agenda favorite? >> this is a choice about two fundamentally different...
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Oct 18, 2012
10/12
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but the other thing that he brought was the specific plan to cut the deficit. we can stave off of the stuff. tell me what you are going to cut and are you going to end interest or the mortgage deduction. give us the specifics of your plan. obama has been forced to do that. he has showed us the specifics. >> give us one line that you would give the president. again, i would never advise the president of the united states. he is darn good on his own. i want to continue to see what i saw before. a strong president that is going to look in the camera and continue to tell it like it is. our president is going to do great. the job now is going to turn out the operations on the ground. it was a pleasure. >> big news. coming up. mitt romney's lieutenant governor. why she says his binders for the women is no big deal. çtoooowl sleep train's best rest event is ending soon. çtoooowl don't miss your chance to get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort,
but the other thing that he brought was the specific plan to cut the deficit. we can stave off of the stuff. tell me what you are going to cut and are you going to end interest or the mortgage deduction. give us the specifics of your plan. obama has been forced to do that. he has showed us the specifics. >> give us one line that you would give the president. again, i would never advise the president of the united states. he is darn good on his own. i want to continue to see what i saw...
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there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'll win re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies he's advocated are going to produce good economic results. if people thought it was like another recession, he would be in trouble. it's not like another recession. they know it. >> people say the paralysis in washington, the inability t
there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2%...
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Feb 14, 2012
02/12
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deficits don't matter too much. since spending year could choke off recovery. >> at a time they are creating at faster clip. they need to do everything to keep it on track. >> there was an annual $1.3 trillion deficit when the president took office, he unveiled a budget predicting this year's deficit will stay above a trillion dollars for the fourth straight year. far cry from the first 100 days. >> today i'm pledging to cult the deficit in half by the end of my first term in office. this won't be easy. >> cutting the original deficit in half would mean getting it to $650 billion. not in this year's budget. this budget reach $1.33 trillion. next year's budget would fall, it is assuming $1.5 trillion in new revenue based on proposed tax increases the republicans have no plans to support. >> it's not dead on arrival. it's debt on arrival. that is what we are seeing. this is an ambush budget. >> the white house says the president's budget would achieve $4 trillion in deficit reduction. while still creating jobs short-t
deficits don't matter too much. since spending year could choke off recovery. >> at a time they are creating at faster clip. they need to do everything to keep it on track. >> there was an annual $1.3 trillion deficit when the president took office, he unveiled a budget predicting this year's deficit will stay above a trillion dollars for the fourth straight year. far cry from the first 100 days. >> today i'm pledging to cult the deficit in half by the end of my first term in...
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Jan 25, 2012
01/12
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FOXNEWS
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he said he'd cut deficit in half. not talking about saving social security and medicare tonight. $5 trillion in new debt. what did we get for $5 trillion? >> best way to reverse debt is have private sector job growth. one thing about the debt and deficit. he did make another proposal. we've done $2 trillion in deficit retux with the august 1 law. all spending cuts. i heard him reiterate that he would do another trillion dollars in medicare and medicaid and restraint on social security. i'm for that. if there were a trillion dollars in new revenue coming from the top 3% or 4% that, is an offer on the table this summer. this would get us another $2 trillion in debt reduction. we should do it. >> and there is colleagues that lead to man up and battle back and forth. wasn't too painful. >> wasn't painful at all. >> this is about first amendment. >> good to see you congressman. we'll spend a lifetime paying off this debt. we'll get into this next time. coming up, more reaction to tonight's state of the union address. i'll
he said he'd cut deficit in half. not talking about saving social security and medicare tonight. $5 trillion in new debt. what did we get for $5 trillion? >> best way to reverse debt is have private sector job growth. one thing about the debt and deficit. he did make another proposal. we've done $2 trillion in deficit retux with the august 1 law. all spending cuts. i heard him reiterate that he would do another trillion dollars in medicare and medicaid and restraint on social security....
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Nov 18, 2012
11/12
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FBC
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now, you're going to say, we're going to add a deficit? in that case, let's leave taxes low, let's keep spending high, i mean, the whole idea is we've got to stop this out of control deficit, this out of control debt. what senator schumer is proposing is exactly the wrong idea. >> and now entitlements leave them alone and dagen, go on and on and on. >> the argent we need to stimulate growth. you'll hurt growth if you raise taxes and it gets back to what we've seen all along, we will raise your taxes 'cause we, the government, and the lawmakers, can spend your money better than you can spend it yourself, because they know better. it doesn't make any sense. it's upside down, backwards, like spinning around and around logic and that's the way they think. >> i don't see much progress here then. and i see, charlie gasperino, when all is said and done, that if the markets don't sell off on the lack after deal they sell off more on this kind of a deal. >> what wshould point out. when mitt romney had a bright, shining moment during the first debat
now, you're going to say, we're going to add a deficit? in that case, let's leave taxes low, let's keep spending high, i mean, the whole idea is we've got to stop this out of control deficit, this out of control debt. what senator schumer is proposing is exactly the wrong idea. >> and now entitlements leave them alone and dagen, go on and on and on. >> the argent we need to stimulate growth. you'll hurt growth if you raise taxes and it gets back to what we've seen all along, we will...
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. >> the cut the deficit in half. four years later and we have a trillion dollar deficit. my view is we ought to provide tax relief to people in the middle class. the people who are having a hard time right now are middle income americans. under the president's policies middle income americans have been buried. there just being crushed. middle income americans have seen their income come down by $4,300. at the same time gasoline prices have doubled. electric rates are up, food prices are up. if you're reelected we will get to a trillion dollar debt. you have said before you cut the debt in half. lou: and to post debate polls gave the debate to governor romney. by a huge margin. in fact, the biggest one in history according to one of those polls. the cbs poll showed that 42 percent called romney the victor with only 22 percent standing with the president. the same poll tells us that 63 percent now believe governor romney cares about their needs and problems. that is a 30% improvement since before the debate. the cnn polls showed an even more dramatic results. governor romne
. >> the cut the deficit in half. four years later and we have a trillion dollar deficit. my view is we ought to provide tax relief to people in the middle class. the people who are having a hard time right now are middle income americans. under the president's policies middle income americans have been buried. there just being crushed. middle income americans have seen their income come down by $4,300. at the same time gasoline prices have doubled. electric rates are up, food prices are...
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with us spend more money than any president ever with the largest deficit and largest that ever. largest federal government in our history. we take that up with the author of the amateur, ed klein, and lanny davis what his former boss must accomplish if obama is to be reelected. clinton has been one of his top surrogates and fund-raisers. but tonight he takes on the mantle of champion. >> this is a clear choice. the republican plan is to cut taxes going back to deregulation. president obama has a plan investing in education, job training and it only works if there is a strong middle-class. that is what happened when i was president. lou: you would think they have been friends throughout , but not so. the same man who told "the new york times" after the debt ceiling debate quote mack i am really trying to help him, but he seems to have lost his narrative narrative" -- " that is tame compared to the language used in the 2008 democratic primary as his of frequent targets in 2007 said we could find someone who is a gifted television commentator and let them run rather than have one l
with us spend more money than any president ever with the largest deficit and largest that ever. largest federal government in our history. we take that up with the author of the amateur, ed klein, and lanny davis what his former boss must accomplish if obama is to be reelected. clinton has been one of his top surrogates and fund-raisers. but tonight he takes on the mantle of champion. >> this is a clear choice. the republican plan is to cut taxes going back to deregulation. president...
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Jul 1, 2012
07/12
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ways and means chairman dave camp says that the republicans will not be raising taxes to close the deficit. it's good to hear him saying this, it puts the obamacare decision at the center of the debate about the proper use of taxes. we do tax reform next year, i hope abolishing the obamacare, map date tax is included. >> paul: remember, if you have your own hit or miss, please send it to us at ger@foxnews.com and visit us on the web at foxnews.com/journal. that's it for this week's edition of the journal editorial report. thanks to my panel and all of you watching, i'm paul gigot, hope to see you here next week. week. >> on fox news watch. >> the highest court in the land has now spoken. the supreme court hands down a decision on obamacare, and the democrats and media celebrate, are they celebrating the fact that it's a tax. proof of the media double standard. john roberts as a conservative patsy before the decision and then a bold defiant mere owe after the deswing vote to uphold the law. the mainstream media chalk it up as a campaign season victory for the president and some see it as a
ways and means chairman dave camp says that the republicans will not be raising taxes to close the deficit. it's good to hear him saying this, it puts the obamacare decision at the center of the debate about the proper use of taxes. we do tax reform next year, i hope abolishing the obamacare, map date tax is included. >> paul: remember, if you have your own hit or miss, please send it to us at ger@foxnews.com and visit us on the web at foxnews.com/journal. that's it for this week's...
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Jul 1, 2012
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ways and means chairman dave camp says that the republicans will not be raising taxes to close the deficit. it's good to hear him saying this, it puts the obamacare decision at the center of the debate about the proper use of taxes. we do tax reform next year, i hope abolishing the obamacare, map date tax is included. >> paul: remember, if you have your own hit or miss, please send it to us at ger@foxnews.com and visit us on the web at
ways and means chairman dave camp says that the republicans will not be raising taxes to close the deficit. it's good to hear him saying this, it puts the obamacare decision at the center of the debate about the proper use of taxes. we do tax reform next year, i hope abolishing the obamacare, map date tax is included. >> paul: remember, if you have your own hit or miss, please send it to us at ger@foxnews.com and visit us on the web at
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Sep 2, 2012
09/12
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deficits, too. i watched the debt get bigger and bigger and bigger. and it concerns me. >> the continuation as our chairman has said, of a budget that, unfortunately, spends a little bit too much, taxes too much and borrows too much again. >> he's the chief executive. so the ultimate responsibility of the budget is his. >> it would be better doing nothing than to pass this budget, for the sake of our economy, for the sake of our future and jobs. >> to come up with a fiscal plan that makes sense that not only pays the bills, but helps us pay these debts that we have. >> maybe he just does not quite understand budgets because he hasn't had to live within a budget. >> sean: wow. welcome back to this special edition of "hannity." in a few minutes, i will be joined by the voters you saw in that clip. we continue here. you know what is so amazing? all of these people? every one was a democrat, independent voter, enthusiastically. we have trow mind people of this. one of the things that just grabbed me is
deficits, too. i watched the debt get bigger and bigger and bigger. and it concerns me. >> the continuation as our chairman has said, of a budget that, unfortunately, spends a little bit too much, taxes too much and borrows too much again. >> he's the chief executive. so the ultimate responsibility of the budget is his. >> it would be better doing nothing than to pass this budget, for the sake of our economy, for the sake of our future and jobs. >> to come up with a...
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Apr 16, 2012
04/12
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the president's budget adds $6.4 trillion to the deficit. according to one estimate, the money you would get from the buffett rule would cover just 17 days of the increased deficit under the obama budget. >> first of all the president's proposal in total would cut the deficits by $4 trillion over the next decade and put us on a path to where the debt is stabilized and we're able to manage with, just 3% of the total in economy, which is where everyone agrees we need to be. in terms of the buffett rule, i remember when $47 billion seemed like a lot of money. it is a lot of money. when you eliminate the bush tax cuts for the wealthy, that adds another $800 billion. to this is a piece of a larger pile along with $1.5 trillion. >> you were did -- would you agree. >> let me tell you something, mitt romney is out there arguing we should cut planned parenthood because we can't afford funding for women's health because we can't afford it. that's $300 million. he says we have to cut foreign aid by $100 million a year. that's because of the -- because
the president's budget adds $6.4 trillion to the deficit. according to one estimate, the money you would get from the buffett rule would cover just 17 days of the increased deficit under the obama budget. >> first of all the president's proposal in total would cut the deficits by $4 trillion over the next decade and put us on a path to where the debt is stabilized and we're able to manage with, just 3% of the total in economy, which is where everyone agrees we need to be. in terms of the...
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Oct 13, 2012
10/12
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turning to the deficit the numbers e in the 2012 budget deficit is actually slightly better than expected. it was only 1.1 dollars, versus $1.1 trillion deficit. what a deal! it is a trillion dollars for every year president obama has been in office. we'll crunch the number to see what they mean for the average taxpayer. we have gretchen hamel from public nice. thanks for coming back on the program. it is a staggering number. not as horrible as it could have been. how would you characterize it? >> i think it is pretty bad. 42 out of the 4 months the president has been in office he has run a deficit. i think when we're $16 trillion in debt it has an effect on the economy. even most economists say when the debt is greater than 90% of the gdp you start to see a slowing. right now our debt is over 100% of our gdp. melissa: break down why you see the slowing. i think when we talk about these numbers to the average person it sounds like monopoly money. it is such a huge number you could never break it back. if you break it down, 3500 per person. 3468 to be exact. during the time president obama
turning to the deficit the numbers e in the 2012 budget deficit is actually slightly better than expected. it was only 1.1 dollars, versus $1.1 trillion deficit. what a deal! it is a trillion dollars for every year president obama has been in office. we'll crunch the number to see what they mean for the average taxpayer. we have gretchen hamel from public nice. thanks for coming back on the program. it is a staggering number. not as horrible as it could have been. how would you characterize it?...
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Oct 4, 2012
10/12
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the deficit was front and center. react to this. >> the president said he would cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last fur -- four years. the president put almost as much debt held by the public as all prior presidents combined. >>neil: what he was saying, whatever you inherited you did that and then some. did that register? >>guest: again, it is like delivering a spanking in the boardroom, point one, point two, point three, you said this was the budget. you didn't do it. you said this is the revenue, you didn't do it. the promised the people this, you didn't do it. i can. it made a compelling point not just to people that are loyal to mitt romney but also people that are undecided. i believe, also, the conviction, you could see it, that president obama literally started submitting through the debit to the points. >>neil: it is interesting. very interesting dissertation to wrap your arms around what was an economic tutoring. very weird. forget about getting the undecid
the deficit was front and center. react to this. >> the president said he would cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last fur -- four years. the president put almost as much debt held by the public as all prior presidents combined. >>neil: what he was saying, whatever you inherited you did that and then some. did that register? >>guest: again, it is like delivering a spanking in the boardroom, point one, point two, point three,...
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Sep 22, 2012
09/12
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we've got to cut the deficit. we've got to stop spending more money than we take in. and regulations and health care policies that help small business and put those in place, 12 million new jobs in four years. >> paul: the question is, will it work? let's ask wall street journal columnist and deputy editor dan henninger, james freeman and washington columnist kim strassel. so, kim, what do you think about this new strategy? and i guess maybe start with the question of what does it say about the campaign that they feel they need a new strategy or a new direction focus two weeks after-- three weeks after the republican convention? >> well, they have had this perfect form over the last couple of weeks, they saw their poll numbers going down, following the democratic convention. there was this flap over mr. romney and his comments about egypt and libya, and then, you know, now the latest thing that he said about the 47% out there. so, there's been a lot of nervousness in the republican field and the silver lining of this, if there is one, it does give them an opportunity
we've got to cut the deficit. we've got to stop spending more money than we take in. and regulations and health care policies that help small business and put those in place, 12 million new jobs in four years. >> paul: the question is, will it work? let's ask wall street journal columnist and deputy editor dan henninger, james freeman and washington columnist kim strassel. so, kim, what do you think about this new strategy? and i guess maybe start with the question of what does it say...
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Feb 4, 2012
02/12
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deficits are done on purpose, they're not. they do not happen by accidents. these earmarks are planned beforehand and you know, to me, ear marks are important, they're with 39,000 proposed last year and it's also about the baseline budgeting and you can raise the budget by a trillion dollars and it never goes down, you can raise it another trillion dollars and never goes down. and one day, the market will speak up, and it's going to be loud and clear and see just like we saw in spain and greece and other places where interest rates start today skyrocket because of higher deficits, we're lucky it hasn't happened here yet. >> charles, we're flashing the latest employment report. here is my worry, that we're going to use that good news on jobs as a reason to justify, still more spending, thinking that there's a kid pro quo to this. >> immediately afterwards, the president talked about doubling down on green energy, as he took his victory lap and of course, extending the payroll tax cuts so that we could keep the momentum going and that extra 20 bucks, it's certa
deficits are done on purpose, they're not. they do not happen by accidents. these earmarks are planned beforehand and you know, to me, ear marks are important, they're with 39,000 proposed last year and it's also about the baseline budgeting and you can raise the budget by a trillion dollars and it never goes down, you can raise it another trillion dollars and never goes down. and one day, the market will speak up, and it's going to be loud and clear and see just like we saw in spain and greece...
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Dec 16, 2012
12/12
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FBC
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the fiscal plan means that you want to bring down the trillion dollar per year deficit. we want to get to the point where you have fiscal stability in this country. at this point in time, we are just playing games, and i think it is foolish to the economy in such a crisis. lou: you can take the speaker boehner plan, they obama plan, no plan. both of these plans as they are enunciated right now result in 10 years from now, just about a $25.5 trillion national debt. that is not much of a plan. [laughter] ed rollins, thank you so much. >> my pleasure. lou: much more on the fiscal cliff, the games being played by the president and the congress. we will take that up with the "a-team" coming up next. and ambassador rice will not be secrety of state. after meeting with the president, she is still on the obama "a-team." the lou dobbs "a-team" is next. the vice president has been in hiding since the election. fortunately, there is a long list of standards making a name and saying just plain stupid remarks. the stupid list is coming right up. end of its wrote. and an unspeakable t
the fiscal plan means that you want to bring down the trillion dollar per year deficit. we want to get to the point where you have fiscal stability in this country. at this point in time, we are just playing games, and i think it is foolish to the economy in such a crisis. lou: you can take the speaker boehner plan, they obama plan, no plan. both of these plans as they are enunciated right now result in 10 years from now, just about a $25.5 trillion national debt. that is not much of a plan....
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that means small businesses, that means, getting our debt and deficits under control. so we have both a short term economic problem and also a long-term economic problem. i think he has the credibility with the american people, and what he is going to show in the next 60 days is that he has the ability and the kret -- credibility to be guy that can fix it. melissa: okay. >> set goals and meet goals and get the job done. melissa: we'll see because we're off to the races. thanks so much for coming on. we appreciate your time. have a great weekend. >> thank you, melissa. melissa: new findings show the arctic ice cap shrinking to a historic low. it is sparking a global battle for you know sea treasure trove of oil and gas. will the u.s. be left on the sidelines? we have details coming up next. >>> plus taking a page from the airlines may sound like a bad idea. but a new strategy to price reservations based on time has some of the country's most famous restaurants licking their chops. the entrepreneur behind it all joins us coming up. ♪ [ male announcer ] wouldn't it be n
that means small businesses, that means, getting our debt and deficits under control. so we have both a short term economic problem and also a long-term economic problem. i think he has the credibility with the american people, and what he is going to show in the next 60 days is that he has the ability and the kret -- credibility to be guy that can fix it. melissa: okay. >> set goals and meet goals and get the job done. melissa: we'll see because we're off to the races. thanks so much for...
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john: they oppose the drug raids and the drones and against deficit spending? >> they are against the stock and chris colossus when told of their libertarians they were strangely appalled. >> the one who agrees this rum gary johnson. >> our things going? >> i cannot complain. >> some people wanted to% are libertarian. they want a balanced budget. are you having a hard time convincing people there libertarians? >> obama's says the right themes but specifically said reading marijuana medical facilities. what about the perpetual war? will be continue the unsustainable that? vote libertarian just this one time. [laughter] kennedy: i don't know if the libertarian party likes that [laughter] john: thank you for being there. so i don't have to do it. john: next week we will do show on third parties and learn more about what president gary johnson would do. but what about the war on women? john is 42. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month?
john: they oppose the drug raids and the drones and against deficit spending? >> they are against the stock and chris colossus when told of their libertarians they were strangely appalled. >> the one who agrees this rum gary johnson. >> our things going? >> i cannot complain. >> some people wanted to% are libertarian. they want a balanced budget. are you having a hard time convincing people there libertarians? >> obama's says the right themes but specifically...
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Oct 14, 2012
10/12
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FBC
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you know, just allowed these deficits to go on through a trillion dollars a year. i happen to think that by r the most dangerous thing in terms of the immediate future is to allow those tax rates go up. i agree with you. by the way, the congressional budget office, if we let those tax rates go up, starting on january 1, higher capital gains, dividends, business taxes, estate taxes g up, too, if, if you believe it back to tumble into a double dip recession. and that would be extremely painful. i don't think the spending cuts are that big of a problem, really. i actually think it is about time that we start cutting these programs across the board. actually agree with you on that car. first of all, you and i know that customs is a misnomer here. having said that, how do they avoid this, and what can they do? >> i do not believe that this fiscal cliff will happen. i think members of both parties are going to blink and turn the sequester off. neil: you and i know that that was their backbone. their own plan is a mockery of the market and they will paint on that. >> you
you know, just allowed these deficits to go on through a trillion dollars a year. i happen to think that by r the most dangerous thing in terms of the immediate future is to allow those tax rates go up. i agree with you. by the way, the congressional budget office, if we let those tax rates go up, starting on january 1, higher capital gains, dividends, business taxes, estate taxes g up, too, if, if you believe it back to tumble into a double dip recession. and that would be extremely painful. i...
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Nov 10, 2012
11/12
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the responsibility for reducing deficits by means of generating more revenues? >> one of the problems, of course, if you do raise taxes, a lot of americans who would then be brought into the bracket are small business owners and they are concerned, quite naturally, that that may slow down their ability to grow and to create jobs. >> well, that's simply not the case. i mean, first of all, we're talking about only income in excess of $250,000. we're only talking, therefore, about 2% of small business owners, and only about their incomes in excess of $25,000. if we talk about the clinton tax rates, we had a very good economy in the clinton years. the rising tide lifts all boats, including small businesses that might be hit by the clinton era taxes, instead of the current taxes, so -- there's a more basic issue here, piers. the rich do not generate jobs, they are not job creators. the job creators in america are the vast middle class whose spending generate jobs because businesses that have more business will generate more jobs. businesses with more customers will e
the responsibility for reducing deficits by means of generating more revenues? >> one of the problems, of course, if you do raise taxes, a lot of americans who would then be brought into the bracket are small business owners and they are concerned, quite naturally, that that may slow down their ability to grow and to create jobs. >> well, that's simply not the case. i mean, first of all, we're talking about only income in excess of $250,000. we're only talking, therefore, about 2%...
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Sep 20, 2012
09/12
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CNN
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that is why i think the obama program with the spending and deficits has gone bad. people say we're going bank upt. >> i rather like this little pairing. i thank you both very much. >> see you. >> thank you. >> kelsie grammer still hasn't come back but we still have 20 minutes. coming up a tv star finds herself in the middle of a custody battle. >>> kelly starred in tv dramas but real life can be a nightmare. >> announcer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal info to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop and uses the free wi-fi. marie works from there too. she's an identity thief who used a small device to grab his wi-fi signal, then stole enough personal information to hijack and drain his bank accounts. every year, millions of americans learn all it may take to devastate your life is a little personal inform
that is why i think the obama program with the spending and deficits has gone bad. people say we're going bank upt. >> i rather like this little pairing. i thank you both very much. >> see you. >> thank you. >> kelsie grammer still hasn't come back but we still have 20 minutes. coming up a tv star finds herself in the middle of a custody battle. >>> kelly starred in tv dramas but real life can be a nightmare. >> announcer: meet tom, a proud dad whose...
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Nov 28, 2012
11/12
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we do have a huge budget deficit. i don't think taxes should be increased on the middle class but we have an almost record percentage of total national income going to the wealthiest 1% of americans. i don't see why they should be let off the hook. why shouldn't they pay their fair share? they are paying a lower tax rate today and effective -- >> that doesn't solve the problem. >> -- in about 80 years and it will help solve the problem because that means more revenues into government. almost everybody, everybody who has looked at this issue, common sense party people, will say that you've got to have some balance between spending cuts and tax increases, particularly on the wealthy. i don't see what the problem is. we had a tax increase on the wealthy in the clinton administration, the economy did tremendously well. we had a tax cut particularly on the wealthy in the bush administration, the george w. bush administration, and very few jobs were created and the median wage started to drop, and that ended in the great re
we do have a huge budget deficit. i don't think taxes should be increased on the middle class but we have an almost record percentage of total national income going to the wealthiest 1% of americans. i don't see why they should be let off the hook. why shouldn't they pay their fair share? they are paying a lower tax rate today and effective -- >> that doesn't solve the problem. >> -- in about 80 years and it will help solve the problem because that means more revenues into...